Deal insight

INPEX acquires 17.5% interest in Prelude from Shell

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Contact us about this report

Report summary

INPEX has announced that it will acquire a 17.5% stake in Shell's Prelude floating LNG (FLNG) project in Australia. Our base case valuation of the deal is US$654 million (discounted at 10% from March 2012). No details of the consideration paid have been released. KOGAS is also understood to remain in negotiations with Shell to acquire a 10% stake in the project.Prelude will be the world's first FLNG project. Gas supply for the project will come from the Prelude and Concerto ...

What's included

This report contains

  • Document

    INPEX acquires 17.5% interest in Prelude from Shell

    PDF 593.96 KB

Table of contents

  • Executive summary
  • Transaction details
  • Upstream assets
  • Deal analysis
  • Upsides and risks
  • Strategic rationale
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 5 images and tables including:

Images

  • Map

Tables

  • Executive summary: Table 1
  • Upstream assets: Table 1
  • Deal analysis: Table 1
  • Oil & gas pricing and assumptions: Table 1

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898